The entire AltaSea team is honored and humbled to follow in the footsteps of Len Aube as we work to bring the vision to reality, AltaSea CEO Tim McOsker said. However, the foundation is also known for awarding an occasional large grant, such as a $70 million unrestricted gift to the Los Angeles Biomedical Research Institute, which was renamed the Lundquist Institute upon receipt of this sizable donation. They invested an additional $35 million in the partnership in 2019. Working with the staffs and boards of the nonprofits she and her husband support helps the couple stay engaged with the charities work and with the people each nonprofit is working to help. We lost Len way too soon. The Center of Innovation renovation of an existing 180,000 square foot warehouse, is designated for commercial purposes focusing on businesses engaged in aquaculture activities, the development of Unmanned Underwater Robotic Vehicles (UURVs), entrepreneurial opportunities in oceanic related businesses and serve as the winter home for Ocean Exploration Trust, established by famed oceanographer, Dr. Robert Ballard, who discovered the remains of the ill-fated Titanic. In February 2015, just before Aube died, AltaSea supporters and friends of Aube gathered at AltaSea to celebrate the renaming of a street as Leonard Aube Way, the avenue that leads to AltaSea. Want to see how you can enhance your nonprofit research and unlock more insights? Rohini, is the founder of Arghyam, a foundation that seeks to . please try again later. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. Finding true systemic solutions to improve struggling public schools motivated her and her husband to help start the Partnership for Los Angeles Schools, she explained. 1s warehouses were originally used to store goods that were transported through the Canal intended for distribution along the West Coast. Powered and implemented by Interactive Data Managed Solutions. Richard C and Melanie Lundquist Family Foundation. Money Services Business Registrations; Moter Carriers; System for Award Management Entities; Past local grantees include the Partnership for Los Angeles Schools, Torrance Memorial Medical Center and the Los Angeles Unified School District. Additional learning experiences were developed in cooperation with the Cabrillo Marine Aquarium (CMA). Charles Lundquist founded the company in 1969, Richard Lundquist became its president in 1988 and the company has entered the medical office market since that time. It will host programs on a variety of topics related to ocean exploration. $62.8 million . The Richard and Melanie Lundquist Fellows Program started in 2010, based on Partnership co-founders' Richard and Melanie Lundquist's vision to help identify and support future leaders in the Partnership's middle schools and high schools. Pit Foundation Inc (EIN# 260578411) is an tax exempt organization filed with Internal Revenue Service (IRS). Steve has expanded his photographic talents to include portraits and group photography, special event photography as well as live performance and athletics. The activities focused on aquaculture and robotics that featured hands-on opportunities. Many of the AltaSeas prospective tenants offer internship opportunities to college students to develop career awareness and knowledge to extend their classroom learning. Adrienne Arsht . $62.8 million . Steve serves as a volunteer ranger for the Catalina Island Conservancy and uses this opportunity to document the flora and fauna of the islands interior as well as photograph special events and activities. Simply enter the organization's name (Richard C and Melanie Lundquist Family Foundation) or EIN (954872582) in the 'Search Term' field. When he showed me the plans on paper for AltaSea, he made them jump off the page. He had an inexplicable passion for what AltaSea could be for our young people, for entrepreneurs interested in the blue economy and most importantly for helping find solutions to combat climate change.. Real estate developers. AltaSea began with a grant from the Annenberg Foundationto conduct a visioning study for the new home of the Southern California Marine Institute (SCMI), which will be relocating from its Terminal Island headquarters. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. Instead, this foundation maintains a fairly low profile and only contributes to preselected organizations that it seeks out. Biggest gift: $50 million . When he showed me the plans on paper for AltaSea, he made them jump off the page. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. President of Bezos Family Foundation (Jacklyn) and retired engineer (Miguel) $710.5 million. Top Things to Know About the Makoff Family Foundations SoCal Giving, To Combat an "Urgent Threat," a Donor Couple Makes a Big Commitment to News Literacy, An L.A. (tie) Marc and Lynne Benioff . Theyve also given large sums to Torrance Memorial Medical Center, the Lundquist Institute, and other organizations. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Businesswoman . Project Blue Presents, a unique event on the Battleship Iowa, is scheduled for the evening of October 10, 2020. Melanie and her husband Richard are agents of change and two of California's most . Ask the lawyer, Yo Pesci receives seven year sentence after flashing firearms on social media, Southern California home sales fall to all-time low, DA Gascn suspends attorney who prosecuted transgender child molester, Reports: Kings trade Quick to Blue Jackets, acquire Korpisalo, Gavrikov, Southern Californias mountain towns remain buried under snow with more on the way, Former CHP officer charged with assaulting woman during traffic stop near Santa Clarita, Some California cities cant stop apartment projects as developers use builders remedy, Killer keto? Cision Distribution 888-776-0942 FORTUNE may receive compensation for some links to products and services on this website. Are Cows causing Climate Change? During their study of robotics, students received assistance from U.S. Navy personnel. This organization has been in operation for 21 years, which makes it slightly younger than other nonprofits in the state. AltaSea is about uniting business, academia, and our scientific community to turn the Port of Los Angeles' public waterfront into the mecca for jobs and discovery and sustainability that it should be. Inspirational and Educational Opportunities. She also thinks Congress should bar foundations from paying the salaries and travel expenses of a foundations family members so the foundation can meet more robust payout obligations. This organization has not provided GuideStar with a mission statement. Steve began with photographing coastal landscapes and marine life. The site, which will make use of converted warehouses as well as newly constructed buildings, will include research facilities and a science center, and will provide connections to entrepreneurial start-ups. 2023 Fortune Media IP Limited. Its reporting and editing staff cover public safety, courts, local government and general assignment stories. Already have a GuideStar Account? Melanie Lundquist said the times that we are living through right now make her and her husband feel deeply committed to the causes they support, especially efforts to reduce racial and socioeconomic inequities in education and elsewhere. RICHARD C AND MELANIE LUNDQUIST FAMILY FOUNDATION EL SEGUNDO, CA 90245-4792 | Tax-exempt since Aug. 2001 EIN: 95-4872582 Classification ( NTEE ) Corporate Foundations (Philanthropy, Voluntarism. Aube, who died in 2015, was the driving force behind the creation of AltaSea, according to the nonprofit. "We lost Len way too soon. Built on a historic pier with access to the deep ocean, AltaSea's campus brings people together to expand science-based understanding of the ocean; incubate and sustain ocean-related business; and pioneer new ocean-related education programs. He had an inexplicable passion for what AltaSea could be for our young people, for entrepreneurs interested in the blue economy and most importantly for helping find solutions to combat climate change," said Richard Lundquist, owner of Continental Development Corporation, adding, "Melanie and I felt compelled to ensure that any money we would give to AltaSea should advance Len's memory and in doing so, recognize the investment of time and resources he made along with Wallis Annenberg and the Annenberg Foundation.". LOS ANGELES, Feb. 11, 2019 /PRNewswire/ -- Southern California philanthropists Melanie and Richard Lundquist have donated $70 million to the Los Angeles Biomedical Research Institute (LA BioMed . Their gifts have created the partnership for Los Angeles Schools, a sustainable turnaround model for underserved non-charter K-12 public schools, and they have helped innovate healthcare delivery and innovation, saving countless lives. Contact the City News Service newsroom at 310-481-0404 or news@socalnews.com. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Equality in education is one of the most important civil rights, Lundquist said. AltaSea's mission isto accelerate scientific research, to facilitate job generation, and to inspire the next generation of scientists and entrepreneurs to create solutions for a sustainable ocean. Southern California philanthropists Richard and Melanie Lundquist announced Thursday, Nov. 22, that they provided $5 million to AltaSea, a nonprofit organization that operates at the Port of Los Angeles, so it can conduct ocean-sustainability programs. The site will make use of converted warehouses as well as newly constructed buildings to house research facilities and a science center, and will provide connections to entrepreneurial start- ups. Lately, the most common funding topics have been education, animal welfare and human services. Montauk Technologies, LLC assists with developing companies specializing in ocean sustainability and climate change using technology and intellectual properties. Explore GrantFinder, a powerful resource for IP subscribers. Sign up here. The Lundquists' gift was made in memory of their friend Leonard Aube, the late Executive Director of the Annenberg Foundation who died in 2015 from colorectal cancer and was the driving force behind the creation of AltaSea. A review of the Lundquist Family Foundations recent tax filings reveals numerous grants between $100 and $1,000. Currently, the Boeing Company leases space to test the 51 ft. UURV, Echo Voyager. loading and try your donation again. Creating economic opportunities for future generations. Required fields are marked *. World-renowned California architectural firm Gensler designed the entire AltaSea campus. Richard C and Melanie Lundquist Family Foundation cannot currently be evaluated by our Accountability & Finance methodology because it files Form 990-PF, as required of Private Foundations. Biggest gift: $65 million to Marine Corps Scholarship Foundation ____ 30. "This gift from Richard and Melanie Lundquist is a wonderful tribute to Len and inspires us even more to realize our campus of innovation, discovery, and education on ocean sustainability.". Biggest gift: $617 million to Laura and John Arnold Foundation. High-dollar grants have also gone to the Torrance Memorial Medical Center and to help establish the Partnership for Los Angeles Schools. This next century, we must turn to ocean exploration for greater understanding and knowledge to find solutions to many issues we are facing on this planet such as global warming and rising sea levels. This organization has no recorded board members. Biggest gift: $50 million to McPherson College . AltaSea at the Port of Los Angeles, a public-private initiative working to build a marine research center on the San Pedro waterfront, has announced a $5 million gift from Richard and Melanie Lundquist in support of its ocean sustainability programs.. Your email address will not be published. LOS ANGELES, Nov. 21, 2019 /PRNewswire/ --Southern California philanthropists Richard and Melanie Lundquist have made a $5 million gift to AltaSea at the Port of Los Angeles to advance ocean sustainability programs, announced as a surprise at a November 9 luncheon with AltaSea benefactors at the Lundquist home in the South Bay area of Los Angeles. Please check your inbox in order to proceed. Richard and his wife, Melanie, alongside then Los Angeles Mayor Antonio Villaraigosa, founded the Partnership for Los Angeles Schools in 2007 with a $50 million ten-year investment in the youth of Los Angeles. Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Salesforce is paying Matthew McConaughey reported $10 million a year for creative help despite laying off 8,000 CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. She argued that current tax laws dont do enough to incentivize big giving from foundations and donor-advised funds. (tie) Marc and Lynne Benioff . Both K-12 education and higher education receive support from the Lundquist family, as well as arts and culture organizations and healthcare groups in California. 1 in the Port of Los Angeles, is scheduled for completion next year. One of the best ways nonprofits can build relationships with donors like her is to tell good stories about their successes, she said. She thinks Congress should work harder to increase foundation payout requirements beyond the 5 percent grant makers are currently required to give each year. The Lundquist Foundation typically funds a variety of nonprofits based in the couples home region and with personal connections to the family. Learn more Biggest gift(s): $50 million apiece to Boys & Girls Clubs of Greater Cincinnati, Catholic Inner City Schools Education Foundation, Notre Dame Law School, St. Xavier High School, Xavier University . LinkedIn has officially entered its cringe era, and its working. To help you get familiar with this funder, here are some facts to keep in mind about the Lundquist Family Foundation. In November 2019, Melanie and Richard Lundquist donated $5 million dollars to AltaSea. Need the ability to download nonprofit data and more advanced search options? Watch for Steve Tabor Images on the worldwide web. AltaSeas Phase 2 consists of developing the 17 acres adjacent property to the east of the existing warehouses which will be renovated into the Center of Innovation and Science Center. The Lundquists are the owners of Continental Development Corporation, a commercial real estate and management company based in El Segundo that oversees 4 million square feet of premium office, commercial, hospitality, retail, entertainment, restaurant, and research and development properties - including the 30-acre Sky Park Complex in Torrance, AltaSea at the Port of Los Angeles, a public-private initiative working to build a marine research center on the San Pedro waterfront, has announced a $5 million gift from Richard and Melanie Lundquist in support of its ocean sustainability programs. Stuart and Molly Sloan . 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